The S&P 500 and the Dow fell for the second straight day on Thursday as Cisco Systems slumped following a dismal outlook, while a rebound in megacap growth stocks boosted the battered Nasdaq.
Shares of Advanced Micro Devices (NASDAQ: AMD) are down 29% in 2022, but there are no signs of a slowdown in the company's growth. Its first-quarter results were released on May 3, and AMD crushed Wall Street's expectations, thanks to tremendous growth in revenue and earnings. It
The S&P 500 and the Dow extended losses on Thursday as Cisco Systems slumped after it gave a dismal outlook, while investors fretted over the impact of surging inflation on economic growth and corporate earnings.
It's been a rough week so far for Walmart (NYSE: WMT). On Tuesday, shares of the retail giant tumbled 11.4%, its worst single-day drop since 1987. And the shares fell nearly 7% more on Wednesday, tumbling with the overall market.
A New York grand jury has indicted the 18-year-old white man accused of killing 10 people in a livestreamed shooting at a supermarket in a Black neighborhood in Buffalo, prosecutors said on Thursday at a brief court hearing.
Amazon AMZN is firing on all cylinders in the retail market of India on the back of its growing digitization efforts focused on uplifting the local shops, small offline stores, and small and medium businesses (SMBs).This is evident from the latest launch of its Smart Comm
The Dow and the S&P 500 posted their worst plunge in almost two years on Wednesday, as a batch of big-box retailers while announcing their quarterly results cited that rising fuel costs and higher wages are eating into their profits. Also, fears escalated once again a
U.S. stock indexes were set to open sharply lower on Thursday after the S&P 500's biggest rout this year as investors fretted over the impact of surging inflation on the economy and corporate earnings.
Microsoft (NASDAQ: MSFT) is no stranger to making waves in the technology world. Earlier this year, it announced plans to acquire video game company Activision Blizzard, and most recently surprised Wall Street and retail investors alike with better-than-expected earnings for its
If you were hoping the cord-cutting movement was slowing down, it isn't. The United States' biggest cable television service providers collectively lost at least one million subscribers during the first quarter. And assuming DirecTV didn't reverse its long streak of customer attr
Warren Buffett is widely regarded as one of the greatest investors in history. The Oracle of Omaha's career has spanned more than 70 years; even at age 91, his strategy continues to drive Berkshire Hathaway (NYSE: BRK.A) to outperform the market. But such a long investing career
The massive sell-off in technology stocks this year means that investors can get their hands on the stock of some terrific companies that could shape our future at relatively attractive valuations.
Most consumers know e-commerce giant Amazon.com (NASDAQ: AMZN) for its online shopping business, reminded daily by the company's vans bustling around neighborhoods to deliver packages. E-commerce is a sound investment thesis to buy the stock; it has roughly 41% market share of on
Truly great companies that transform an entire industry can provide years of phenomenal returns ... if you can find them. Lending is one of society's oldest industries, where staples like credit scores and credit cards have ruled the roost for years. The following two stocks have
The buy-now-pay-later (BNPL) company Affirm (NASDAQ: AFRM) recently reported strong quarterly results, in which the company beat analyst estimates on earnings and revenue for the quarter ending March 31. Founder and CEO Max Levchin also said on the earnings call that the company'
U.S. stock index futures fell on Thursday, signaling more selling on Wall Street as investors kept a close eye on the impact of rising inflation on the U.S. economy and corporate earnings.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) recently filed its latest 13-F with the SEC, giving investors a look at the stocks that the Warren Buffett-led conglomerate bought during the first quarter. It turns out Buffett and his team started eight new stock positions.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Vanguard Consumer Discretionary ETF (VCR), a passively managed exchange traded fund launched on 01/26/2004.
Many of the world's biggest and most dominant companies are being sold off relentlessly. Given the current worries of a recession amid a rising interest rate environment, some of these fears are warranted. However, the market has outdone itself and has presented several fantastic
Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting.